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Tax Hikes in Special Session?; and more.
Facing a cloudy fiscal forecast, lawmakers in Michigan and Connecticut are poised to increase income taxes on upper-income families.But a similar plan in Minnesota has been vetoed by Governor Tim Pawlenty.
Amidst growing evidence that big oil companies aren't paying their fair state of corporate taxes, lawmakers in Wisconsin and Pennsylvania are proposing bold new ideas for a windfall profits tax on the oil industry. But will consumers get soaked?
At least one gubernatorial candidate, Mike Montandon, thinks state property tax caps were a bad idea. Posted: February 1, 2010 Read more >>
A petition drive aims to get mining industry to pay its fair share. Posted: February 1, 2010 Read more >>
The latest fiscal forecast from the Economic Forum suggests big budget cuts are in Nevada's future. Posted: February 1, 2010 Read more >>
Boston Globe Op-Ed make good points on federal budget deficit realities. Posted: February 1, 2010 Read more>>
Obama would allow $5,000 created for each job creation-- capped at $500K. Posted: February 1, 2010 Read more>>
The NY Times' Andrew Sorkin notes that NY Senators are caught between the president and Wall Street. Posted: February 1, 2010 Read more>>
Third rail or holy grail? This ITEP report assesses options for a progressive state income tax. Posted: June 3, 2008 Read more >>
It's the mother of all sales tax loopholes-- and it will take a coordinated effort by state and federal lawmakers to close it. Posted: April 3, 2007 Read more >>
What does "fairness" mean? What other principles should Nevada policymakers be thinking of as they struggle with tax reform. Find out here. Posted: April 3, 2007 Read more >>
Is Nevada becoming the next California? A national comparison suggests that Nevada taxes are not especially high-- unless you're living in poverty. Read more >>
Nevada lawmakers are intently focused on options for property tax reform. A "circuit breaker" credit is one promising option. Read more >>
In more and more states, lawmakers are using cigarette tax hikes to fund everything from health care to education to smoking cessation. Is this a smart move for Nevada? Read more >>